PYMNTS-MonitorEdge-May-2024

Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

Source: investopedia.com

Contactless Can Boost EU Mobile Payments
Contactless Can Boost EU Mobile Payments
December 31, 2014  |  News

A new study suggests that while the contactless card has struggled to take hold as a popular payment method, the technology is likely to bridge...

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Underbanked to Boost Mobile Payments in 2015
Underbanked to Boost Mobile Payments in 2015
December 30, 2014  |  News

The rise of mobile payments has been gradually brewing in the global banking market for several years. Now, experts are predicting that 2015 will be...

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Apple Pay Starts Strong, Considering
Apple Pay Starts Strong, Considering
December 22, 2014  |  Apple Pay

Apple Pay could pose a significant threat to PayPal’s current dominance in digital payments, according to a report by investment company ITG, which says Apple...

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Another Mobile Pay Field Trial: 53 Percent Success
Another Mobile Pay Field Trial: 53 Percent Success
December 16, 2014  |  Mobile

Mobile payments aren’t quite ready for prime time — at least not in Boston. That’s the conclusion of a Boston Globe writer who tested mobile-payment...

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India’s RBI Hobbles Mobile Payments
India’s RBI Hobbles Mobile Payments
December 10, 2014  |  Mobile Commerce

While India has the potential to be one of the world’s biggest markets for mobile payments, at the moment the country’s central bank is creating...

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Canadians Say “No Thanks” To Mobile Payments
Canadians Say “No Thanks” To Mobile Payments
December 09, 2014  |  International

Only 2 percent of consumer purchases in Canada use mobile payments today, but attitudes among young adults there suggest that mobile buying will pick up...

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